Formed in 1957, the ________ set out to create a single European market by reducing barriers to the free flow of products, services, finances, and labor among member countries and developing policies on trade with nonmember nations.
A) Uruguay Round
B) European Union
C) European Organization
D) European Central Bank
E) CAFTA

Question

Quizplus · Accepted Answer

The European Union was formed in 1957 with the aim of creating a single European market, reducing barriers to the free flow of products, services, finances, and labor among member countries, and developing policies on trade with nonmember nations. The Uruguay Round refers to a series of international trade negotiations, CAFTA is a regional trade agreement, the European Organization is not a correct term, and the European Central Bank is focused on monetary policy rather than trade.

Formed in 1957, the ________ Set Out to Create a Single